1.1391 95 just posted as another surge in the pair takes out 1.1385 offers this time.

Talk of a decent size barrier option at 1.1400 should produce further offers into the big figure but dips supported by bids between 1.1340-50.

Looking at the monthly chart the level has produced some congestion on a number of occasions previously going back to 2006 so if this does pop through, say 1.1410, then expect some follow-through

Canadian and US trade balance data out later to throw into the mix

USDCAD Monthly 4 Nov

USDCAD Monthly 4 Nov